Fast Breaking Thursday News: Wall Street Congressman David Camp and Wall Street Senator Max Baucus Introduce Fast Track To Congress and Bring the War Against the Middle Class to a Climax on Behalf of Wall Street and the 1 Percent

Earlier today, Representative Dave Camp (R-MI) and Senator Max Baucus (D-MT) introduced “Fast Track” legislation that would enable the Trans-Pacific Partnership (TPP) and other free trade agreements (Income Redistribution Treaties) to be signed by the White House before the public gets to see them, and then rushed through Congress circumventing ordinary review, amendment and debate procedures.

Please ensure that the Camp-Baucus “Fast Track” bill is dead on arrival by writing your Members of Congress now.

Literally millions of people throughout the world have complained about the extreme secrecy of the TPP negotiations. They’ve argued that the public desrves the right to know what is being proposed in our names for a twelve-nation pact that will set rules governing an estimated 40% of the global economy — rules that not only dictate tariff levels, but also energy and environmental policy, medicine patents, financial regulations, “Buy Local” preferences, food safety, consumer labelling and more.

While the public has been shut out of the TPP negotiating process, hundreds of corporate lobbyists — representing companies like Walmart, Cargill and Chevron — have had access to the texts. This double-standard has assured that the TPP has been written in corporations’ interests, with little regard for working families, the environment or public health.

Now Representative Camp and Senator Baucus want even Congress to give up its constitutional authority to assure that trade agreement provisions are written in the best interests of the constituents they serve. Tell Congress to oppose this outrageously undemocratic manuevering and demand real oversight over the TPP.

Together, we can defeat this outdated, Nixon-era policymaking process. Thanks to your efforts, last year, over three-quarters of House Democrats and a good number of Republicans signed letters voicing their opposition to Fast Track. We need to encourage those Congresspeople to stay strong in what is certain to be an onslaught of corporate lobbying, and we need to demand that the others side with constituents over Wall Street and the Business Roundtable.

Unfortunately, corporate lobbyists are already on the attack in support of this awful bill. They’re pressing for Fast Track hard, hoping to get their ducks in a row for a quick vote. We need your help ensuring that Congress understands that the Fast Track vote is a priority.

TAKE ACTION: Urge Congress to vote against the Camp-Baucus “Fast Track” legislation.

From me.

One final word needs to be said about President Obama’s war against the middle class. The Trans Pacific Partnership (TPP) is his treaty, and besides everything outlined above, this treaty will also redistribute massive amounts of income from the 99 to the 1 percent, in the United States and outside. It will drive millions of Latin Americans out of the textile industry and into the US illegally, also increase the exportation of jobs from the USA, and the difference between the old higher US wages and the new lower wages overseas will go into the pockets of the super rich, thereby destroying much of our tax bases for schools, medicare and other social safety net programs.

Why are our schools destitute for money? The answer is simple. Free corporate income redistribution treaties from NAFTA to CAFTA and the TPP, have redistributed our middle class incomes to the rich, and that means our tax bases have been redistributed to the 1 percent as well. The TPP will only make things worst for schools.

The treaty will also undo what little Wall Street regulation there is, and tie the hands of any future president who might want to regulate the pirates of Wall Street in the future.

The US and probably the world is heading for the worst Great Depression in 80 years, and probably worse than the one in the 1930s. The TPP will only make it worst. Oh, and by the way, did I mention that Wall Street Senator Ron Wyden supports the TPP and Fast Track? Oh, that’s right! He’s Wall Street’s senator!

One Response

And if it’s defeated? Winning battles but losing wars. They’ll just introduce it again under a different name. Again and again, piece by piece until it’s complete. I think support for TYT’s Wolf-PAC campaign is the worthy option for long term reform.

The Rigged Game: Corporate America and A People Betrayed

The Rigged Game: Corporate America and a People Betrayed

Wall Street is up to no good, and has been since 1980, when it took over the Republican Party, and then the Democratic Party in 1994. Income has been massively redistributed from the 99 to the 1 percent via legislative scam after scam, from tax cuts for the rich to international income redistribution schemes falsely labeled as trade agreements. In The Rigged Game, John Hively exposes how this has all come about starting with a revolutionary, but simple reality, all recessions begin in the financial markets.